The outcomes of the review were announced today by ASX’s Managing Director and CEO, Tony D’Aloisio, and the Group Executive Markets and Deputy CEO, Colin Scully.
“ASX is today refocussing its pricing structure to attract more global order flow. We are simplifying our pricing schedule and adopting a predominantly value-based pricing policy,” Mr D’Aloisio said.
“The new arrangements will help give ASX a significantly improved platform to project a revitalised and more competitive presence in the Australian marketplace and in the wider region,” he said.
Mr Scully said: “In conducting this review, we worked closely with our key customers to ensure the new pricing structure was based upon a thorough understanding of their business. We also referred to international benchmarks to ensure the new pricing structure is globally competitive.
“This places ASX competitively in the global context, without sacrificing the unique characteristics of our capital markets in which the smaller companies and retail investors have thrived,” Mr Scully said.
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